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Dec 27, 2012
12/12
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fiscal cliff or no fiscal cliff. ♪ ♪ [ male announcer ] this is karen anjeremiah. they don'know it yet, but they' gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about mon. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. david: the president's back at the white house and the senate met today for the first time since going on the holiday break. but seems like the political train is still heading for a cliff. shibani: taking all of us with it. so where are we flow? -- so where are we now, just days away from tax hikes. fox business's rich edson is live from the capitol. where are we rich? any closer or exactly where we were about 12 hours ago? rich: we're about 12 hours closer to the fiscal cliff as far as negot
fiscal cliff or no fiscal cliff. ♪ ♪ [ male announcer ] this is karen anjeremiah. they don'know it yet, but they' gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about mon. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things,...
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Dec 30, 2012
12/12
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CSPAN2
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fiscal cliff that occurs at midnight on december 31, tomorrow. this cliff is self-imposed. it is a penalty that we voted for if we failed to deal with the deficit that our nation faces. and unfortunately, as of this moment we've not reached an agreement to avoid it. i haven't given up hope. conversations and negotiations continue all through this day, and i'm sure into tomorrow. and i hope by the end of the day, by the end of tomorrow night we can celebrate the end of this year and the beginning of a new year with good news for the american people. this is exactly the wrong time for us to go over this cliff. we are in the midst of an economic recovery. we are seeing new job creation. businesses are seeing new growth. we are seeing the kind of economic indicators we've been waiting for for years. this going over the cliff is going to bring uncertainty to our markets, and with that uncertainty a pull back of consumer confidence and a reduction, i'm afraid, of business activity and the creation of new jobs. there are ways to avoid this, sensible way
fiscal cliff that occurs at midnight on december 31, tomorrow. this cliff is self-imposed. it is a penalty that we voted for if we failed to deal with the deficit that our nation faces. and unfortunately, as of this moment we've not reached an agreement to avoid it. i haven't given up hope. conversations and negotiations continue all through this day, and i'm sure into tomorrow. and i hope by the end of the day, by the end of tomorrow night we can celebrate the end of this year and the...
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Dec 31, 2012
12/12
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WJLA
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only 13 hours before the nation plunges over the fiscal cliff. >> while the fiscal cliff is in limbo, the dairy cliff has been averted. there is some good news. allen joins us from bloomberg headquarters in new york. >> hello. that is what we are all watching. stock futures are pointing to a little change here at the open. of course, one of the concerns of the cliff has to do with milk prices. you may have heard that they were set to rise to $6 or $8. one thing lawmakers are trying to do is to avoid us going over the dairy cliff. the senate agriculture committee chairs, with a draft bill that would extend the farm bill. tim vilsack -- tom vilsack yesterday warned that without a new farm bill, consumers would pay the price. let's talk about colleges. they are under pressure to be more affordable. "the wall street journal" says 24 have frozen tuition. that includes roger williams and others. you have cut tuition including seton hall university. -- you have cut tuition, including seton hall university. apple may be working on at the iwatch. i have more coming up on that in the next hour.
only 13 hours before the nation plunges over the fiscal cliff. >> while the fiscal cliff is in limbo, the dairy cliff has been averted. there is some good news. allen joins us from bloomberg headquarters in new york. >> hello. that is what we are all watching. stock futures are pointing to a little change here at the open. of course, one of the concerns of the cliff has to do with milk prices. you may have heard that they were set to rise to $6 or $8. one thing lawmakers are trying...
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Dec 31, 2012
12/12
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WBFF
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for prommgoing over the so-called "fiscal cliff." cliff."if nothing ii resolled by midnight tonight... tax rates for all americans will increase. democrats want higher taxes on familles earning 250-thousand-dollars a year and over. republlcans want tax rates to stay where they arr. útaaes seem to bbe compromise. others want to see government spending put in check. presiddnt obama says... he's willing toodo that. "i offereddover a trilliin dollars in additional spending cuts ss hht we would have two dollars of spending cuts for every one dollar of increased revenue." "the senate ssands in recess"" the senate is scheduled to reconvene at 11-a-m. even if lawmakers don't come to angreement tooight... you probably won't see a drastic change in your next paycheck. that's because businesses pikely used 20-12 withholdingg would happennrtain about what - happen.if you want to see how much your taxes would go upp pgreement.. go to foxbaltimroe dozens of people in baltimore gathered over the weekend to protest violence....targeted at gays nd esbians.
for prommgoing over the so-called "fiscal cliff." cliff."if nothing ii resolled by midnight tonight... tax rates for all americans will increase. democrats want higher taxes on familles earning 250-thousand-dollars a year and over. republlcans want tax rates to stay where they arr. útaaes seem to bbe compromise. others want to see government spending put in check. presiddnt obama says... he's willing toodo that. "i offereddover a trilliin dollars in additional spending cuts...
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Dec 24, 2012
12/12
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MSNBCW
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fiscal cliff. fiscal cliff. whatirping ][ cellphon [ buzzing ] bye dad. drive safe. k. love you. [ chirping, buzzing continues ] [ horn honks ] [ buzzing continues ] [ male announcer ] the sprint drive first app. blocks and replies to texts while you drive. we can live without the &. visit sprint.com/drive. how much is your current phone bill? four sixteen seventy six a month! okay, come with me -- we're gonna save you money. with straight talk at walmart, you get unlimited talk, text and data for only $45 a month per phone. would we get the same coverage? same coverage on america's best networks. you saved $146.76 by switching to straight talk. awesome! now you can afford to share your allowance with me. get the season's hottest smartphones like the samsung galaxy s2 and get straight talk with unlimited data for just $45 a month -- from america's gift headquarters. walmart. ♪ >>> since we announced we were going to have the nra's wayne lapierre on the program, we received so much feedback on line, thougs of you september us tweets and comments on our facebook page, m
fiscal cliff. fiscal cliff. whatirping ][ cellphon [ buzzing ] bye dad. drive safe. k. love you. [ chirping, buzzing continues ] [ horn honks ] [ buzzing continues ] [ male announcer ] the sprint drive first app. blocks and replies to texts while you drive. we can live without the &. visit sprint.com/drive. how much is your current phone bill? four sixteen seventy six a month! okay, come with me -- we're gonna save you money. with straight talk at walmart, you get unlimited talk, text and...
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Dec 31, 2012
12/12
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CSPAN2
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buff to understand what the fiscal cliff is. you have to understand that the president is telling you that it's a cliff and it's bad and everybody on television thinks, it's terrible to go over the cliff. what is the cloy in taxes going up b you if it's bad for taxes to go up for a bunch of people, why is it good for taxes to go up only on a smarl portion of people? you said, with they're rich, they can afford it. here's the problem. the rich pay most of the taxes in our country. the tap 2% pay half of the taxes so what you're saying is, they're rich and they can absorb it. but that's half of the nation's income will have increased taxes. you will take money from the productive sector, which is the private sector, and you will put it into the nonproductive sector, which is washington. so if you want ditching to dug and then to be filled up again, send more money to washington. but if you want jobs to be created, if you want the economy to thrive, you should want to leave that money in your community. it shouldn't matter to you w
buff to understand what the fiscal cliff is. you have to understand that the president is telling you that it's a cliff and it's bad and everybody on television thinks, it's terrible to go over the cliff. what is the cloy in taxes going up b you if it's bad for taxes to go up for a bunch of people, why is it good for taxes to go up only on a smarl portion of people? you said, with they're rich, they can afford it. here's the problem. the rich pay most of the taxes in our country. the tap 2% pay...
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Dec 27, 2012
12/12
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CSPAN
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caller: there is no fiscal cliff. nobody said what the actual fiscal cliff is. to try topoinloy confuse the american people. nobody has ever told us what the fiscal cliff means. it does not mean anything. it is all a plou. host: jack in montana, your on the air. caller: hi. i wanted to say that we just got an announcement -- i have a small business on the side, but i also am employed by a large employer. we got an announcement yesterday that they are going to raise our withholding rates and social security withholding. it is going to cost the average person a lot of money. i don't think there's any doubt that the fiscal cliff is bad. host: what did your notice say? caller: it said that tax tables will be used for 2013 and that you can expect that your check will be greatly impacted by the increased taxes and social security withholding. host: who do you work for? caller: the state of montana. host: david in pasadena, maryland. caller: good morning. i think if you change the name, it might give a better perspective. it should be called the bush giveaway fiscal cl
caller: there is no fiscal cliff. nobody said what the actual fiscal cliff is. to try topoinloy confuse the american people. nobody has ever told us what the fiscal cliff means. it does not mean anything. it is all a plou. host: jack in montana, your on the air. caller: hi. i wanted to say that we just got an announcement -- i have a small business on the side, but i also am employed by a large employer. we got an announcement yesterday that they are going to raise our withholding rates and...
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Dec 29, 2012
12/12
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cliff -- away from reaching the fiscal cliff. this afternoon president obama held talks with congressional leaders at the white house. the president says he is hopeful a deal can be reached in order to avoid automatic tax increases and spending cuts come january 1st. senator harry reid and mitch mcconnell are trying to hammer out a deal the house might approve, but the house is ticking. joining us now are our political strategists. brendan, the president today said is he going to have senator mcconnell, senator reid start off on this package, but doesn't that eliminate a big player in this, which is john boehner, if this has to get passed through the house? >> certainly and he's been talking with the speaker all along. i think he's basically saying the house is really at an impasse. i don't think they can pass it on their own, but if there's a bipartisan deal that senate republicans and senate democrats can pass, the speaker's office indicated they may bring it up in the house even if they only get 1/3 or 1/2 of the republicans,
cliff -- away from reaching the fiscal cliff. this afternoon president obama held talks with congressional leaders at the white house. the president says he is hopeful a deal can be reached in order to avoid automatic tax increases and spending cuts come january 1st. senator harry reid and mitch mcconnell are trying to hammer out a deal the house might approve, but the house is ticking. joining us now are our political strategists. brendan, the president today said is he going to have senator...
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Dec 29, 2012
12/12
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cliff to deal with this fiscal cliff. how irresponsible is that? >> reporter: and does washington still, the stock market burns. dropping for a sixth-straight day under this uncertainty. americans are burning up, too. >> this is america. they should be working for the american people. >> can't believe we got this close. >> get in a room and don't come out of the room until you've got this thing taken care of. >> reporter: what the senate leaders hope to do is put together this deal, bring it to the senate tomorrow. then, the house comes back in session tomorrow night. they can vote on any deal passed by the senate. but bianna, no one is holding their breath here in washington. >> no one is, indeed. >>> for more on the big white house meeting, we want to bring in john avlon, political columnist at "the daily beast." a busy man covering all of this. how do you see this playing out? >> we're three days out. nothing focuses than the prospect of being hanged. today, bianna, is the key day. saturday, today, the senators are mee
cliff to deal with this fiscal cliff. how irresponsible is that? >> reporter: and does washington still, the stock market burns. dropping for a sixth-straight day under this uncertainty. americans are burning up, too. >> this is america. they should be working for the american people. >> can't believe we got this close. >> get in a room and don't come out of the room until you've got this thing taken care of. >> reporter: what the senate leaders hope to do is put...
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Jan 1, 2013
01/13
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this year it's the fiscal cliff. and it just seems like they can't get their act together year after year. it's frustrating to sit here and, you know, watch it happen over and over again. especially we're all students so it affects us a lot. it's really frustrating. >> julie, do you see yourself maybe changing your mind about who you necessary pily vote for the next election based on how members of congress handled the situation? >> actually no. i feel a lot of this has come from the partisanship which is creating the gridlock. i think the far right of the republican party's holding congress hostage to a point. mitch mcconnell says he wants to strike a deal. think about it, history states they've been the party of no. he said from the beginning if obama wants it, why are we going to do it? at the end of the day congress can sit around but these directly affect us. as students, think about the division tax breaks, things will go away and affect my family. within i look at congress, i see it's shifted to one side. i do
this year it's the fiscal cliff. and it just seems like they can't get their act together year after year. it's frustrating to sit here and, you know, watch it happen over and over again. especially we're all students so it affects us a lot. it's really frustrating. >> julie, do you see yourself maybe changing your mind about who you necessary pily vote for the next election based on how members of congress handled the situation? >> actually no. i feel a lot of this has come from...
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Dec 30, 2012
12/12
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keep those pictures coming. >>> fiscal cliff, debt, and egos. how much of what is going on in washington is about what's right versus who's right? one doctor has some suggestions for the decision-makers. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. i get congested. but now, with zyrtec-d®, i have the proven allergy relief of zyrtec®, plus a powerful decongestant. zyrtec-d® lets me breath freer, so i can love the air. [ male announcer ] zyrtec-d®. behind the pharmacy counter. no prescription needed. ...and now... you! [ giggles ] ♪ the one and only, cheerios your doctor will sa
keep those pictures coming. >>> fiscal cliff, debt, and egos. how much of what is going on in washington is about what's right versus who's right? one doctor has some suggestions for the decision-makers. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you...
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Dec 24, 2012
12/12
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but the fiscal cliff could send the economy into a tailspin. it appears to already be affecting consumer spending and some of the country's most beloved snacks could soon return to store shelves. 9news returns in two minutes. >>> 4:40 on this monday morning. christmas eve. quiet right now. really no real problems i think till we get more toward late this afternoon into when rain may develop mixed in with sleet and snow. the roads staying mainly wet with high temperatures in the low 40s. a very active weather week coming up. i'll have your seven-day forecast in about five minutes. right now over to liz with a look at timesaver traffic. >>> good morning. the commute very much the same as the weather apparently. 270 montrose all quiet, cleared out. might see shopping traffic as the day goes on with the last- minute shoppers. otherwise so far so good. on the virginia ride, 395 at duke street, everything moves right along there. no problems on 95 coming in towards the mixing bowl either. that's a look at your timesaver traffic. now back to andrea. >
but the fiscal cliff could send the economy into a tailspin. it appears to already be affecting consumer spending and some of the country's most beloved snacks could soon return to store shelves. 9news returns in two minutes. >>> 4:40 on this monday morning. christmas eve. quiet right now. really no real problems i think till we get more toward late this afternoon into when rain may develop mixed in with sleet and snow. the roads staying mainly wet with high temperatures in the low...
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Dec 31, 2012
12/12
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there is no fiscal cliff. there was another so-called fiscal cliff in 2008. give money to the billionaires and banks. when eisenhower took office, he gutted the military. taxes were 9% on corporations. 10 trillion dollars being horded. the problem lies and propaganda. 90% of all our information from the tv and the radio comes out of the state of texas and new york city. that is wall street. there is an economy based on military bases and nafta and oil. that is clear channel radio. time warner comes out georgia. up on the east coast, new york city is for the bankers are and insurance companies and derivatives and the jews that run the media. host: i will stop you on that point. this is from jan. some of you sharing your thoughts on our facebook page as well. one person writes -- host: join us honor twitter page or on our facebook page. rick from charlotte, north carolina. caller: good morning, america and steve. this is a great time to be an american. i think we are all looking forward to the new year. i am a loyal but nervous. -- i am a little bit nervous. mi
there is no fiscal cliff. there was another so-called fiscal cliff in 2008. give money to the billionaires and banks. when eisenhower took office, he gutted the military. taxes were 9% on corporations. 10 trillion dollars being horded. the problem lies and propaganda. 90% of all our information from the tv and the radio comes out of the state of texas and new york city. that is wall street. there is an economy based on military bases and nafta and oil. that is clear channel radio. time warner...
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Dec 26, 2012
12/12
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FOXNEWSW
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just days left for lawmakers to come up with a way to avoid the fiscal cliff. who is feeling more pressure to get things done, the president, the democrats, congressional republicans?. patti ann: and funeral services are now set for two firefighters killed in an ambush. we're now learning more about why a man intentionally set a fire in order to trap the first-responders. >> the note was important for us to find because at least it provided us with the information leading toward the intent of the shooter essentially to burn undo the neighborhood in which he resided and to kill people. [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. gregg: all right, new developments on the christmas eve ambush that left two firefighters dead up in state new york. police say they have human remains in the burned out home of the gunman. david lee miller is live in our
just days left for lawmakers to come up with a way to avoid the fiscal cliff. who is feeling more pressure to get things done, the president, the democrats, congressional republicans?. patti ann: and funeral services are now set for two firefighters killed in an ambush. we're now learning more about why a man intentionally set a fire in order to trap the first-responders. >> the note was important for us to find because at least it provided us with the information leading toward the...
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Dec 27, 2012
12/12
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FOXNEWSW
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what i want -- i don't want people to get excited about this fiscal cliff. right? so you laugh, right. >> i'm not laughing but if you take a dollar out of every -- that's a tax. >> i understand. i would rather self impose a tax than be forced to do something. therefore you're going to want to do it. for me, it's muscle memory. once you try it, you'll feel a tremendous patriotism and it will be -- >> did you hear that lieutenant colonel representative say we don't have a tax problem, we don't have a revenue problem, it's a spending problem? this doesn't address the problem in washington. that's the problem. >> again, once we band together, companies and citizens, we're listen, we need additional receipts, period. that's a known. it's going to happen for a period of time through -- >> you're a business guy. we're run out of time.j3 if you take in money but spend more, you're still taking in more money every year. you have to worry about the spending side, not revenue. >> the good faith program i started is going to force our elected officials to do something. we'll
what i want -- i don't want people to get excited about this fiscal cliff. right? so you laugh, right. >> i'm not laughing but if you take a dollar out of every -- that's a tax. >> i understand. i would rather self impose a tax than be forced to do something. therefore you're going to want to do it. for me, it's muscle memory. once you try it, you'll feel a tremendous patriotism and it will be -- >> did you hear that lieutenant colonel representative say we don't have a tax...
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Dec 31, 2012
12/12
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you can follow this at our fiscal cliff page at c- span.org/ficalcliff. joe manchin introduced a new bill that he said it would soften the impact of going over the fiscal cliff. he calls it deep cliff alleviation at the last minute -- he says he is not happy to write it. here is what he said at the floor. >> thank you. i will first of all thank both of my colleagues for the diligent work -- they have committed themselves to this work and i appreciate it. mr. president, i rise today frustrated, embarrassed, and angry. it is absolutely inexcusable that all of us find ourselves in this place at this time, standing on the floor of the senate in front of the american people hours before we plunge off the fiscal cliff. with no plan and no apparent hope. but here we are, and we have got to do something. if we are determined to go over the cliff, as we seem, we have to do something to stop and the landing. at the bottom of the fiscal cliff are immediate and massive tax increases, deep and indiscriminate spending cuts, and a risk of another recession. if we come d
you can follow this at our fiscal cliff page at c- span.org/ficalcliff. joe manchin introduced a new bill that he said it would soften the impact of going over the fiscal cliff. he calls it deep cliff alleviation at the last minute -- he says he is not happy to write it. here is what he said at the floor. >> thank you. i will first of all thank both of my colleagues for the diligent work -- they have committed themselves to this work and i appreciate it. mr. president, i rise today...
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Dec 28, 2012
12/12
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. >> reporter: cows on the cliff or at least their milk while all eyes are fixed on the fiscal cliff. there is another deadline quickly approaching, the milk cliff. it is part of a stalled farm bill with as much as $35 billion in cuts. if the bill doesn't make it through congress before the end of the year, the government will be forced to buy vast quantities of milk under a truman era law that could send consumer milk has high as $6 to $8 a gallon because the government would be forced to pay twice the rate under the 1949 rules. fomples are would sell their milk to the government first prompting a shortage in supplies which would spike the price consumers pay. >> the farm bill is like this low hanging ornament on the congressional christmas tree that, if they just embrace, it they can automatically come up with tens of billions ever dollars in budget savings. >> reporter: the problem is the bill is stuck in the house and there appears to be no political will to move it forward. agriculture secretary tom vilsack says out of precaution, his department is preparing for the law to take e
. >> reporter: cows on the cliff or at least their milk while all eyes are fixed on the fiscal cliff. there is another deadline quickly approaching, the milk cliff. it is part of a stalled farm bill with as much as $35 billion in cuts. if the bill doesn't make it through congress before the end of the year, the government will be forced to buy vast quantities of milk under a truman era law that could send consumer milk has high as $6 to $8 a gallon because the government would be forced...
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Dec 28, 2012
12/12
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. >>> crunch time for the fiscal cliff. the key players to meet at the white house with just four days left until the deadline. >> they called him stormin norman. america remembering general norman schwarzkopf. >> and have gun, will teach. hundreds of educators get a hands-on lesson in firearms. controversial proposal. good morning. welcome to "early start." 5:00 a.m. in the east. >>> it is the last friday of 2012. i've just had that pointed out to us. one final desperate attempt to dodge the fiscal cliff, just four days left before we go over the edge triggers tax hikes, spending cuts that could send the nation back into recession. the president calling for members of the congress the back. a gang of six attending. vice president biden, harry reid, house minority leader nancy pelosi, mitch mcconnell and john boehner representing the republicans. brianna keilar is live from washington. is anybody optimistic that a deal could be done today around a table? >> i will tell you the optimism is sort of sinking. senate majority le
. >>> crunch time for the fiscal cliff. the key players to meet at the white house with just four days left until the deadline. >> they called him stormin norman. america remembering general norman schwarzkopf. >> and have gun, will teach. hundreds of educators get a hands-on lesson in firearms. controversial proposal. good morning. welcome to "early start." 5:00 a.m. in the east. >>> it is the last friday of 2012. i've just had that pointed out to us....
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Dec 29, 2012
12/12
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fiscal cliff. there are interested in their own party. they have been against the president from the beginning, so they are not going to change anything. they do not want to help america. what people are they for? the people have spoken, but they do not ever listen to the people. what people are the working for? host: james in new york as a deadline for independents. caller: i just want to point out something. 400% to 1000% increase in salaries versus the workers for the so-called job creators, along the way, the people are not making these increases in salaries. they talk about cutting taxes on the wealthy. well, what about giving money -- a fair percentage of an increase to the people that are doing the work? i never hear anything about that. it just seems to me that the unfairness starts there. host: that is james and new york. the lead story in this morning's boston globe with the headline "modest hope." [video clip] >> i just had a good and constructive discussion with senate and house leaders
fiscal cliff. there are interested in their own party. they have been against the president from the beginning, so they are not going to change anything. they do not want to help america. what people are they for? the people have spoken, but they do not ever listen to the people. what people are the working for? host: james in new york as a deadline for independents. caller: i just want to point out something. 400% to 1000% increase in salaries versus the workers for the so-called job creators,...
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Dec 29, 2012
12/12
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WTTG
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what all eyes are on the fiscal cliff, another deadline is approaching, the milk cliff. it's part of a farm bill with as much as $35 billion in cuts. if the bill doesn't make it through congress before the end of the year, the government will be forced to find vast qualities of milk under the trueman era law and that could send consumer milk prices as high as $6 to $8 a gallon because the government would be obligated to pay twice the wholesale rate under the 1949 rule. the farmers would sell their milk to the government first and prompting a shortage in commercial supplies spiking the price consumers pay. >> the farm bill is like the low-hanging ornament on the congressional christmas tree that if they just embrace it, they can automatically come up with tips of billions of dollars in budget savings. >> reporter: the problem is the bill's stuck in the house and there appears to be no political will to move it forward. agriculture secretary tom vilsack said as a precaution, his department is preparing for the laws to take affect. >> this is a bad outcome. let me be very
what all eyes are on the fiscal cliff, another deadline is approaching, the milk cliff. it's part of a farm bill with as much as $35 billion in cuts. if the bill doesn't make it through congress before the end of the year, the government will be forced to find vast qualities of milk under the trueman era law and that could send consumer milk prices as high as $6 to $8 a gallon because the government would be obligated to pay twice the wholesale rate under the 1949 rule. the farmers would sell...
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Dec 27, 2012
12/12
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we are teetering on the edge of the fiscal cliff. there are many members in congress who disaagree raising of tax. the president had gone up to $400,000 when house speaker boehner would raise the tax hikes . but the sticking point is enments and spending. >> clayton: the republicans saying that the president and democrats not forth coming enough on entitlements. here's what will unfold in a few short days as we break this down to you. >> put your seat belts on, people. >> clayton: tax rates will hit these numbers and you go up to 120,000 . you will see 31 percent up to 36 percent . in these tax rates as they climb up. >> here's the bottom line. average tax rate of 2,000 to $4000. it is an additional 13,944 . millionaire's status which the president wanted to raise status on will be 34635. big deep in your pockets if woo go off the fiscal cliff. >> it is so crazy . we have the holiday get together. living in new york city . it is so expensive and you are making $250,000. you are middle class here. >> clayton: if you have a family of f
we are teetering on the edge of the fiscal cliff. there are many members in congress who disaagree raising of tax. the president had gone up to $400,000 when house speaker boehner would raise the tax hikes . but the sticking point is enments and spending. >> clayton: the republicans saying that the president and democrats not forth coming enough on entitlements. here's what will unfold in a few short days as we break this down to you. >> put your seat belts on, people. >>...
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Dec 24, 2012
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the fiscal cliff is scaring investors. stocks sank friday as the economy inches closer to going over the edge. the dow was down 120 points. the nasdaq down 29. the s&p slipped 13 and a half points. >>> the stock market is on track, though, for its fourth straight year of gains. the dow is up overall nearly 8%. the nasdaq has rallied more than 15% so far this year. the stock market is closed tomorrow for the christmas break. there will still be plenty of economic reports to sift through this week, including the latest on home prices and sales, consumer confidence and jobless claims. >>> it's not only investors but washington's failure to agree on a budget is affecting everyday americans' confidence about their finances. the university of michigan says its consumer sentiment index for december fell sharply from november's five-year high. more than one in four people surveyed cited concerns about higher taxes. >>> these are definitely the times we need comfort food the most. thank goodness twinkies, wonder bread and devil dog
the fiscal cliff is scaring investors. stocks sank friday as the economy inches closer to going over the edge. the dow was down 120 points. the nasdaq down 29. the s&p slipped 13 and a half points. >>> the stock market is on track, though, for its fourth straight year of gains. the dow is up overall nearly 8%. the nasdaq has rallied more than 15% so far this year. the stock market is closed tomorrow for the christmas break. there will still be plenty of economic reports to sift...
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Dec 28, 2012
12/12
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economy will go off the fiscal cliff. s when automatic spending increases and spending cuts would take effect. -- a deal will not be easy, because both sides if are involved in a high-stakes political blame game. >> we are here in washington working. the members of the house of representatives are out watching movies and watching the kids play soccer and basketball and doing all kinds of things. they should be here. >> i told the president will be happy to look at whatever he proposes but the truth is we are coming up against a hard deadline. as i said, this is a conversation we should have had months ago. >> democrats want to extend bush-era tax cuts to everyone except those americans making $250,00 or more per year. many republicans are against any tax increases. most americans just want something to be done. >> people are tired of partisanship and they want everyone to come together. >> if lawmakers don't reach a deal by january 1, many economists are concerned it could eventually lead to another recession. >> misinfor
economy will go off the fiscal cliff. s when automatic spending increases and spending cuts would take effect. -- a deal will not be easy, because both sides if are involved in a high-stakes political blame game. >> we are here in washington working. the members of the house of representatives are out watching movies and watching the kids play soccer and basketball and doing all kinds of things. they should be here. >> i told the president will be happy to look at whatever he...
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Dec 31, 2012
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. >> time is up to avert the fiscal cliff. the last minute scrambling at this house going on behind closed doors. >> and the redskins pull it off. they knock off the cowboys. >> welcome to news 4 midday. >> it's new year's eve, monday, december 31, 2012. >> it's down to the wire. we are less than 24 hours away from hitting the so-called fiscal a cliff right now. the house and senate are striking a deal oh avoid massive tax hikes and spending cuts. derek ward is live with more on what's happening today. >> the end is near. that's the end of the year, of course. what about the path that ends at the end of the fiscal cliff. senators should be back at it. the house reconvened this morning. such new year's eve appearances are on the hill. senate minority leader mitch mcconnell and joe biden kept in place to avoid $200 billion in tax increases. broad stroke spending cuts and domestic and defense spending. they would take effect gradually over a period beginning at midnight if the white house and congress can't reconcile their differ
. >> time is up to avert the fiscal cliff. the last minute scrambling at this house going on behind closed doors. >> and the redskins pull it off. they knock off the cowboys. >> welcome to news 4 midday. >> it's new year's eve, monday, december 31, 2012. >> it's down to the wire. we are less than 24 hours away from hitting the so-called fiscal a cliff right now. the house and senate are striking a deal oh avoid massive tax hikes and spending cuts. derek ward is...
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Jan 1, 2013
01/13
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republicans are leaving right now to talk about how to hand the fiscal cliff. house republican leader eric cantor says he can't support the senate bill. democrats are urging house leaders to let members vote on this bill. >> a raging fire tore through a church in a county today. they are devastated today and investigators are trying to determine the cause and church leaders trying to find a place to worship on sunday. >> at the stroke of midnight same-sex couples began getting married. seven couples tied the note early this morning. they were the force to take advantage of the new law legalizing same-sex marriage. and same-sex marriage is recognized in nine states. there are many other new laws that go sby effect today. we break down some of the new intrigues new laws. >> in california driverless car ace allowed on the highways. a human still had has to be in the passenger seat and californians can use their smartphones to prove they have insurance. >> it is a wonderful thing. if you have your insurance with you all the time, we have our drivers license on ther
republicans are leaving right now to talk about how to hand the fiscal cliff. house republican leader eric cantor says he can't support the senate bill. democrats are urging house leaders to let members vote on this bill. >> a raging fire tore through a church in a county today. they are devastated today and investigators are trying to determine the cause and church leaders trying to find a place to worship on sunday. >> at the stroke of midnight same-sex couples began getting...
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Dec 29, 2012
12/12
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it is down to the wire for fiscal cliff. and it could, i don't know, it could mean mitch mcconnell could come to the rescue. we will tell you a little bit about what went down yesterday. a live report from washington in just a moment. >> dave: super mitch. a college kid thrown in the slammer for wearing this. a fake ammo belt. overreaction or a appropriate in the wake of the connecticut school shooting? we report, you decide. then a real life iron man he was told he would never walk again but now he is first look at a new medical break through. >> juliet: love this story. >> clayton: this technology is going to shock you. "fox & friends" hour two begins right now. >> clayton: good saturday morning. welcome in to "fox & friends." juliet huddy in for alisyn camerota. nice to see you. >> juliet: good morning. nice to see you. did you have a great christmas? >> dave: did i with family. how about you? >> juliet: istles in miami. >> clayton: juliet huddy is wearing new year's eve outfit. >> as do you heading in the new year's eve
it is down to the wire for fiscal cliff. and it could, i don't know, it could mean mitch mcconnell could come to the rescue. we will tell you a little bit about what went down yesterday. a live report from washington in just a moment. >> dave: super mitch. a college kid thrown in the slammer for wearing this. a fake ammo belt. overreaction or a appropriate in the wake of the connecticut school shooting? we report, you decide. then a real life iron man he was told he would never walk again...
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Dec 28, 2012
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many people believe that taxes are going to go up once the fiscal cliff is solved and how will the average american be affected by this? joining us now is gordon burnhart, a certified public accountant with burnhart wealth management. thank you for joining us. >> thank you, tom, how are you. >> so much of the uncertainty we heard from president leaves you to wonder what is the assessing in planning when you don't know about that in. >> and that is why that is important to plan. we have seen so much happen and people need to make sure they set aside the cash reserves and there is a lot of planning opportunities and investors need to work with an advisor to make sure that all of those unforseen things are addressed so they can help, again, protect families. >> and there is only three days left, two days weekend days. are there things folks can do as we head toward the deadline to protect themes in yo there are a few things. obviously, you can't do going since the stock markets are closed on saturday and sunday. on monday, investors should look at their portfolio. capital gains rates, for exa
many people believe that taxes are going to go up once the fiscal cliff is solved and how will the average american be affected by this? joining us now is gordon burnhart, a certified public accountant with burnhart wealth management. thank you for joining us. >> thank you, tom, how are you. >> so much of the uncertainty we heard from president leaves you to wonder what is the assessing in planning when you don't know about that in. >> and that is why that is important to...
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Dec 26, 2012
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every day we're taking a look at how the fiscal cliff if we go off the fiscal cliff how that will affect you from the increase in your tax bill to planning for your retirement. today we'll focus on your portfolio. ryan mack joins me via skype from detroit. >> good morning to you, how are you doing today? >> i'm good. you've got some advice for people to manage their portfolios, let's start with the first step you need to review your asset classes. >> there's a study in the '80s simply says over 95% of your portfolio return will determine exactly how you choose the mixture of stocks and other investments you have in your portfolio. with the assistance of a qualified adviser making sure you have the right mixture of stocks can be ever so crucial especially during the volatile time we see in the markets today. >> if you make any changes i guess you have to take into account what your tolerance is for risk. >> yes. i mean look, we've seen the markets going crazy right now, a lot of individuals are looking up and downs and a lot of things we're telling the folks we work with, let's look at it
every day we're taking a look at how the fiscal cliff if we go off the fiscal cliff how that will affect you from the increase in your tax bill to planning for your retirement. today we'll focus on your portfolio. ryan mack joins me via skype from detroit. >> good morning to you, how are you doing today? >> i'm good. you've got some advice for people to manage their portfolios, let's start with the first step you need to review your asset classes. >> there's a study in the...
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Dec 24, 2012
12/12
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. >> one week until the fiscal cliff. lawmakers will return from their holiday recess. >> the ravens come back with a vengeance after three straight losses. >> santa has already begun his trip across the world. [captioning made possible by constellation energy group] captioned by the national captioning institute --www.ncicap.org-- >> you're watching wbal-tv 11. live, local, late-breaking. this is 11 news today at 6:00 a.m. >> good morning. i am sarah caldwell. >> i am jennifer franciotti. happy christmas eve. >> things look good for santa. all his helpers' are trying to finish up their preparations. there could be some slippery conditions out on the roads. a lot of clouds building into the mid-atlantic. the rain is reaching parts of southern virginia. this will turn over to an icy mix. look at the temperatures right now. it will not be pure rain. we will see some sleet around baltimore. it will be chilly today. watch out for the slippery conditions. >> so far pretty light traffic. >> 1 accident along greenspring valley r
. >> one week until the fiscal cliff. lawmakers will return from their holiday recess. >> the ravens come back with a vengeance after three straight losses. >> santa has already begun his trip across the world. [captioning made possible by constellation energy group] captioned by the national captioning institute --www.ncicap.org-- >> you're watching wbal-tv 11. live, local, late-breaking. this is 11 news today at 6:00 a.m. >> good morning. i am sarah caldwell....
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Dec 28, 2012
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cliff to deal with this fiscal cliff. >> reporter: with expectation low, lawmakers are talk about how to retroactively fix any damage done by going over the cliff with congress. nicole collins, fox news. >>> developing tonight, a strike that could have shut down ports up and down the east coast is averted for now. the long shoreman's union along the east coast and gulf of mexico will extend the current contract for 30 days. that extension prevents a possible strike that could have crippled operations at port and including the port of baltimore. in a statement today, the maryland governor martin o'malley wrote, quote, the port of baltimore continues to be a major part of the state economic strait generating and supporting thousands of jobs. during the extended period, we hope long-term resolutions can be reached for the hardworking families who depend on jobs and commerce linked to the port of baltimore. >>> to the state of the skins. it's the hottest ticket in town. the redskins play host sunday night as the two teams battle it out for the nfc east title and a place in the play-offs.
cliff to deal with this fiscal cliff. >> reporter: with expectation low, lawmakers are talk about how to retroactively fix any damage done by going over the cliff with congress. nicole collins, fox news. >>> developing tonight, a strike that could have shut down ports up and down the east coast is averted for now. the long shoreman's union along the east coast and gulf of mexico will extend the current contract for 30 days. that extension prevents a possible strike that could...
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Dec 28, 2012
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cliff. >>> going over the fiscal cliff could have a huge impact on the local economy. thousands of people can lose their jobs, especially federal employees and government contractors. the defense industry could face billions of dollars in cuts. >> the third largest number of federal employees and probably the largest single number of federal contractors. so that federal nexus is really important to our economy. we need to end the uncertainty. >> economists say it's possible for us to "step over" the cliff. that means lawmakers will reach some kind of a deal in a few weeks after the new year begins. >>> breaking news right now. russia's president, vladimir putin, signed a controversial bill banning americans from adopting russian children. it goes into effect january 1st. there are estimates this could affect more than 1500 adoptions currently under way. the ban is widely viewed as retaliation for recent u.s. law targeting russians who abuse human rights. for a closer look at russia's proposed ban adoption, tune in to the "today" show starting at 7:00 on nbc4. >>> the a
cliff. >>> going over the fiscal cliff could have a huge impact on the local economy. thousands of people can lose their jobs, especially federal employees and government contractors. the defense industry could face billions of dollars in cuts. >> the third largest number of federal employees and probably the largest single number of federal contractors. so that federal nexus is really important to our economy. we need to end the uncertainty. >> economists say it's possible...
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Dec 30, 2012
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obviously a lot of attention tonight on the fiscal cliff. we're inside 30 hours until the expiration date on tax cuts. there are other important bits of business on capitol hill before the end of the year. in other words, in the next 30 hours or so. on friday, the senate approved a more than $60 billion bill to pay for construction costs for superstorm sandy. you see the video of that here. the house still needs to vote on that legislation. it isn't clear yet what the house is going to do. molly henneberg is live in d.c. there's a holdup in the house. what is it? >> the price tag. house republicans say it's too steep. a south carolina republican congressman said he and others want to help the people hurt by sandy but lawmakers need to figure out where the money's going to come from. >> it's not paid for. i know that's a difficult conversation to have but it's a necessary conversation. if we can't come together and figure out a way to stop spending someplace else to pay for this disaster, do we hope to be able to balance our budget and fix ou
obviously a lot of attention tonight on the fiscal cliff. we're inside 30 hours until the expiration date on tax cuts. there are other important bits of business on capitol hill before the end of the year. in other words, in the next 30 hours or so. on friday, the senate approved a more than $60 billion bill to pay for construction costs for superstorm sandy. you see the video of that here. the house still needs to vote on that legislation. it isn't clear yet what the house is going to do....
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Dec 29, 2012
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cliff next tuesday each side says the other is to blame. >> we can avoid the fiscal cliff if the president and the democrat-controlled senate step forward and work with republicans to solve this problem and solve it now. >> reporter: all over the country right now, uncertainty is in the air. >> it's not a matter of am i going to pay my light bill but is it going to deplete my savings. >> even if the impact isn't real, the perceived impact could cause a dropoff in sales. >> reporter: gets a deal is up to the top democrat and top republican. >> we are engaged in discussions, the majority leader and myself and the white house in the hopes we can come forward as early as sunday and have a recommendation. >> whatever we come up with will be imperfect. that's where we are. >> reporter: harry reid and mitch mcconnell say they are confident they can find a compromise but they have to sell it to house speaker john boehner and his fellow republicans before monday night's deadline. brian mooar, nbc washington. >> and david gregory will have an interview with president obama on "meet the press." that'
cliff next tuesday each side says the other is to blame. >> we can avoid the fiscal cliff if the president and the democrat-controlled senate step forward and work with republicans to solve this problem and solve it now. >> reporter: all over the country right now, uncertainty is in the air. >> it's not a matter of am i going to pay my light bill but is it going to deplete my savings. >> even if the impact isn't real, the perceived impact could cause a dropoff in sales....
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Dec 27, 2012
12/12
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kenneth vogel, talk about what is happening with the fiscal cliff right now in the major divisions within the republican party. you follow the conservative movement within the republican party. >> i think that is the story of the fiscal cliff stalemate, much as it was last year with the stalemate over increasing the debt ceiling. it is, in fact, these tea party members who are elected first in the conservative wave of 2010 when republicans took back the house, and subsequently, there were some additions to the sort of tea party caucuses in both the house and senate in 2012, but many fewer. in fact, many tea party members lost their re-election bid in 2012. it is hard to generalize, but you could look at a number of them and say that this sort of souring of public opinion on the tea party as a result of their perceived unwillingness to compromise in 2011 over the debt ceiling negotiations probably was held against them, probably heard not only them in their reelection bid, but also republicans more broadly and republican brand, because they are perceived to be the party of in transient as
kenneth vogel, talk about what is happening with the fiscal cliff right now in the major divisions within the republican party. you follow the conservative movement within the republican party. >> i think that is the story of the fiscal cliff stalemate, much as it was last year with the stalemate over increasing the debt ceiling. it is, in fact, these tea party members who are elected first in the conservative wave of 2010 when republicans took back the house, and subsequently, there were...
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Dec 30, 2012
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yes, we call it the fiscal cliff. senate leaders are still struggling to hammer out a deal and we understand they're on a three o'clock presentation of some sort of new deal. >> clayton: joining us now with reaction, the host of fox news sunday, chris wallace. he is up early, but congress is not. hey, chris, nice to see you. >> hey, guys. >> clayton: so, 3 p.m. today, we understand accord to go peter doocy and those in the washington bureau where you're sitting right now, papers were shuffled last night and back and forth, trying to hammer out financial deals. do you have any indication where this thing sits right now? >> no, and in fact, i talked to a top senate aide just a little while ago and he used the classic line, those who talk don't know. those who know aren't talking. >> clayton: right. >> so we really don't know and i'm the not sure at this point that they've made-- this idea of the 3 p.m. they come out with a deal, they may not reach a deal. it's possible that the republican leader mitch mcconnell and demo
yes, we call it the fiscal cliff. senate leaders are still struggling to hammer out a deal and we understand they're on a three o'clock presentation of some sort of new deal. >> clayton: joining us now with reaction, the host of fox news sunday, chris wallace. he is up early, but congress is not. hey, chris, nice to see you. >> hey, guys. >> clayton: so, 3 p.m. today, we understand accord to go peter doocy and those in the washington bureau where you're sitting right now,...
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Dec 29, 2012
12/12
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. >>> the fiscal cliff deadline is looming and senate leaders are trying to avert so the- called fiscal cliff. president obama says there is still time to reach an agreement, but he chastised lawmakers for waiting until the last minute. >> we're now at the point where in just a couple of days, the law says that every american's tax rates are going up. every american's paycheck will get a lot smaller. that would be the wrong thing to do for our economy. >> divided government is a good time to solve hard problems. in the next few days, leaders in washington have an important responsibility to work together to do just that. >> congressional leaders could present legislation to senators as early as tomorrow with a vote possible on sunday or monday. >>> coming up on 9 news -- ♪ [music] ♪ a local music legend dies. we'll have a look back at the career of mike aldredge. >>> welcome back, everybody. local blue grass music legend mike aldredch has died of cancer. he would have been 74 tomorrow. ♪ [music] ♪ he was a founding member of the group "the seldom seen." he also toured with perfo
. >>> the fiscal cliff deadline is looming and senate leaders are trying to avert so the- called fiscal cliff. president obama says there is still time to reach an agreement, but he chastised lawmakers for waiting until the last minute. >> we're now at the point where in just a couple of days, the law says that every american's tax rates are going up. every american's paycheck will get a lot smaller. that would be the wrong thing to do for our economy. >> divided government...
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Dec 30, 2012
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what do you want to tell congress about the fiscal cliff? we'll have your video messages. >>> the woman accused of pushing a man in front of a subway is now being charged with a hate crime. now she's saying why she did it. >>> wow, a plane crash caught on tape, the story. hind this dash cam video of an exact moment a jet slammed into an overpass. >>> it's sunday, december 30th, good morning, i'm allisison kos. randi kaye is off today. we're going to start this morning in washington where all eyes on capitol hill as lawmakers try to work out on a deal to avoid the fiscal cliff. the deadline is less than 48 hours away and as to whether they can get it done, the president says he's hopeful. >> i'm modestly ll lly optimis an agreement can be achieved. let's make sure that middle class families and the world economy aren't adversely impacted because people can't do their jobs. >> both houses of congress are meeting in a rare sunday session. the house an hour later at 2:00. our chief white house correspondent jessica yellin now with the look at a
what do you want to tell congress about the fiscal cliff? we'll have your video messages. >>> the woman accused of pushing a man in front of a subway is now being charged with a hate crime. now she's saying why she did it. >>> wow, a plane crash caught on tape, the story. hind this dash cam video of an exact moment a jet slammed into an overpass. >>> it's sunday, december 30th, good morning, i'm allisison kos. randi kaye is off today. we're going to start this morning...
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Dec 24, 2012
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fiscal cliff. two republican senators on the sunday talk shows yesterday say they agree with the president's position that both sides should avoid tax hikes on middle-class americans. also, nra executive said the group would not support any new gun laws in this country. good morning this monday, december 24, 2012. we will begin this morning with your thoughts on religion and politics. as a religion influence your political decisions? also send us your tweet if you go to twitter.com -- we will begin with the sunday review section of the "the new york times" yesterday. we want to get your take on this. it does religion influence your politics? with more people saying they are unaffiliated. we want to get your take. here are some comments from facebook this morning. what are your thoughts on this december 24, 2012. it does religion influence your politics? let me show you this from "the new york times" this morning. a new poll out worldwide religion shows up that one out of six follows no religion. th
fiscal cliff. two republican senators on the sunday talk shows yesterday say they agree with the president's position that both sides should avoid tax hikes on middle-class americans. also, nra executive said the group would not support any new gun laws in this country. good morning this monday, december 24, 2012. we will begin this morning with your thoughts on religion and politics. as a religion influence your political decisions? also send us your tweet if you go to twitter.com -- we will...
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Dec 30, 2012
12/12
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. >> in washington, there is still hope that a deal could be done to avoid the fiscal cliff. all eyes were on the senate today where negotiators were trading revenue figures to try to reach an agreement all sides can agree with. the baseline for the president and the bipartisan deal would have to extend unemployment benefits that would affect 2 million americans and it would have to increase taxes on the highest income earners. the negotiators will still have to work out where exactly the tax increases would hit and whether they would stop the increase of the estate tax. the president has asked democratic leader harry reid to prepare a separate bill to put on the senate floor that would increase taxes for households that earn a quarter million dollars or more, and respect -- expect republicans would block that proposal. but rather than take it back as a stopgap measure, think of it as a political move to try to shift the responsibility of failure on to republi watches the hour of reckoning. >> as the deadline approaches, our coverage of the fiscal cliff negotiations continue
. >> in washington, there is still hope that a deal could be done to avoid the fiscal cliff. all eyes were on the senate today where negotiators were trading revenue figures to try to reach an agreement all sides can agree with. the baseline for the president and the bipartisan deal would have to extend unemployment benefits that would affect 2 million americans and it would have to increase taxes on the highest income earners. the negotiators will still have to work out where exactly the...
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Dec 30, 2012
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taking a look at your twitter messages,-tag is fiscal cliff. -- the hash tag is fiscal cliff. >> also, this twitter message from about 30 minutes ago -- >> helen is in northport. you are on the air. caller: good afternoon. i am glad i lived in a country that allows me to make this phone call and speak my mind. i adhered to the u.s. constitution. rep. ron paul was giving his retirement speech and to his credit, to his credit -- to me makes a lot of sense. i believe him when he says our liberties are being weakened. i am so sorry that they tried to discredit him. he makes a lot of sense. he bases his thinking on the founding fathers and their intentions. i am not very clear of the fiscal cliff. i understand that we are in trouble. the middle east situation that is going on is a can of worms. with our economic downturn, i am not so sure about that yet. even things like that mortgages, which is true. >> are you working? caller: i am unemployed, but i do? taxes. i stopped getting it in march of last year because of my health issues. >> unemployment is going to end, that is one of the expir
taking a look at your twitter messages,-tag is fiscal cliff. -- the hash tag is fiscal cliff. >> also, this twitter message from about 30 minutes ago -- >> helen is in northport. you are on the air. caller: good afternoon. i am glad i lived in a country that allows me to make this phone call and speak my mind. i adhered to the u.s. constitution. rep. ron paul was giving his retirement speech and to his credit, to his credit -- to me makes a lot of sense. i believe him when he says...
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Dec 30, 2012
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come new year's eve when we count down to midnight, we're counting down to the so-called fiscal cliff. if congress does nothing, taxes go up on everyone. mike emmanuel has more. >> reporter: lawmake -- lawmakers return to capitol hill in a last-minute attempt going over the fiscal cliff. congressional leaders are looking to avoid tax hikes on most americans but key disagreements on eptitlesments and tax rate thresh finds remain. president obama's original plan called for increasing taxes on families earning more than $250,000 now $400,000 could be a number on the negotiating table. >> the $400,000 level seems to me to be with about right. that represents about the top 1% of income earners in the country and is they got knee% of the growth and there is some flexibility there. >> reporter: the republicans say the u.s. is not facing's revenue problem. >> i feel like i'm a lifeguard and we have to save as many people from drowning and higher taxes as we can. >> reporter: in the weekly address to the nation, president obama urged congress to do something. >> we can't afford a politically s
come new year's eve when we count down to midnight, we're counting down to the so-called fiscal cliff. if congress does nothing, taxes go up on everyone. mike emmanuel has more. >> reporter: lawmake -- lawmakers return to capitol hill in a last-minute attempt going over the fiscal cliff. congressional leaders are looking to avoid tax hikes on most americans but key disagreements on eptitlesments and tax rate thresh finds remain. president obama's original plan called for increasing taxes...
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Dec 29, 2012
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the sign read, fiscal cliff ahead, january to february. no word on whether the person was found. >> if you have been to the gas station you may have noticed prices are inching up. many stations have seen their prices go up about four cents a gallon. the average cost for region leaded fuel in california is now $3.54 a gallon. the increase after a two month decrease at the pumps with some stations seeing prices drop as much as 16-cents. >> the nhl has made a new offer to players as the lock out enters a critical stage. they are expected to hold a phone conference. the offer was still being reviewed by the union late last night and details of the plan aren't being released. the league would like to have a deal in place by january 1st so training camps to start. both sides plan to meet in new york tomorrow. >> tonight the warriors play their final game of the year when they host the boston celtics. the warriors are now 20-10 with their win last night. this is the first time they have had 20 wins before new year's day since 1980. david lee fini
the sign read, fiscal cliff ahead, january to february. no word on whether the person was found. >> if you have been to the gas station you may have noticed prices are inching up. many stations have seen their prices go up about four cents a gallon. the average cost for region leaded fuel in california is now $3.54 a gallon. the increase after a two month decrease at the pumps with some stations seeing prices drop as much as 16-cents. >> the nhl has made a new offer to players as...
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Dec 31, 2012
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america staring down the fiscal cliff. t-minus nine hours and counting and washington is wasting no time. senate minority leader mcconnell saying both sides are close to a deal. it's about time. >> my preference would have been to solve all these problems in the context of a larger agreement, a bigger deal, a grand bargain. whatever you want to call it. that solves our deficit problems in a balanced and responsible way. with this congress, that was obviously a little bit too much to hope for at this time. it may be we can do it in stages. >> there are a number of issues on which the two sides are still apart but negotiations are continuing as i speak. but we really are running out of time. >> the vice president and i have worked together on solutions before and i believe we can again. >> no holiday for the best political team around. a triple threat, luke russert and mike viqueira on the capitol hill and kristen welker from the white house. are you happy to be working on the holiday? >> it's fantastic. >> absolutely. >> so
america staring down the fiscal cliff. t-minus nine hours and counting and washington is wasting no time. senate minority leader mcconnell saying both sides are close to a deal. it's about time. >> my preference would have been to solve all these problems in the context of a larger agreement, a bigger deal, a grand bargain. whatever you want to call it. that solves our deficit problems in a balanced and responsible way. with this congress, that was obviously a little bit too much to hope...
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[laughter] greg: there are some predictions on avoiding the fiscal cliff. while president obama has returned to washington dc to try to help lawmakers come up with a plan, how speaker john boehner says one of the groups leaders suggested that we are going over the fiscal cliff. it's all but guarantee. she progression congressional correspondent mike emanuel joins us now for. the president and the senators are in washington. that would appear to be a good sign, is that correct? reporter: yes and no. the tone publicly has not been very good so far. we know that the president obama, on the way back from hawaii, worked the phones a bit, talking to the top four congressional leaders. speaker boehner, nancy pelosi, mitch mcconnell, and harry reid. earlier today, the senate majority leader sounded frustrated with the republicans in congress. >> nothing can move forward unless speaker boehner and mitch mcconnell are willing to come up with a bipartisan plan to participate. speaker boehner is unwilling to negotiate. we have not heard a word since neither mcconnell.
[laughter] greg: there are some predictions on avoiding the fiscal cliff. while president obama has returned to washington dc to try to help lawmakers come up with a plan, how speaker john boehner says one of the groups leaders suggested that we are going over the fiscal cliff. it's all but guarantee. she progression congressional correspondent mike emanuel joins us now for. the president and the senators are in washington. that would appear to be a good sign, is that correct? reporter: yes and...
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it is of course until congress settles down and starts taking these fiscal cliff talks seriously. and update for you now on the foreign intelligence surveillance act better known as the legislation was up for debate on the senate floor it was created four years ago and it is set to expire in four days unless congress acts and fast now to refresh your memory is a piece of legislation that allows the u.s. government to monitor civilian phone calls and interactions with people outside of the country without a warrant we told you last week that by some might be renewed without any discussion on the senate floor and it took the work of several notable senators who are concerned about privacy issues the bill presents to finally have the debate senators ron wyden jeff merkley rand paul mark udall and mike leave took turns discussing the dangers of the bill take a listen to senator lee i worry that in seeking to achieve temporary safety some of the authorities we have given the government under fire may compromise essential rights and liberties in particular i'm concerned about the govern
it is of course until congress settles down and starts taking these fiscal cliff talks seriously. and update for you now on the foreign intelligence surveillance act better known as the legislation was up for debate on the senate floor it was created four years ago and it is set to expire in four days unless congress acts and fast now to refresh your memory is a piece of legislation that allows the u.s. government to monitor civilian phone calls and interactions with people outside of the...
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heather: fiscal cliff. fallout. house speaker john boehner and majority leader eric cantor have just arrived at capitol hill where all eyes are on the house. as we await act on the bill that passed by the senate early this morning and averts across the board tax hikes and massive spending cuts set to kick in today. brand new hour of "america's newsroom." thank you for joining us. i'm heather childers in for martha maccallum. rick: i'm rick folbaum in for jon. happy new year. >> you will stick it to the rich people. but guess what? you may not get anymore revenue and anymore economic growth but you can say i stuck it to the rich people. >> i'm dis.ed we did not get a grand bargain we tried to do so long but we tried. passing this agreement does not mean negotiations halt, far from it. we can all agree there is more work to be done. heather: chief congressional correspondent mike emanuel is live on capitol hill for us. mike, any sense of the next steps on the house side of the capitol? >> reporter: heather, you mentio
heather: fiscal cliff. fallout. house speaker john boehner and majority leader eric cantor have just arrived at capitol hill where all eyes are on the house. as we await act on the bill that passed by the senate early this morning and averts across the board tax hikes and massive spending cuts set to kick in today. brand new hour of "america's newsroom." thank you for joining us. i'm heather childers in for martha maccallum. rick: i'm rick folbaum in for jon. happy new year. >>...